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13.3 The role of banks  (Page 22/28)

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  • Card 22 / 28:
    financial intermediary

    an institution that operates between a saver with financial assets to invest and an entity who will borrow those assets and pay a rate of return

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Practice FlashCards 9 Key Terms 13

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Source:  OpenStax, Principles of macroeconomics for ap® courses. OpenStax CNX. Aug 24, 2015 Download for free at http://legacy.cnx.org/content/col11864/1.2
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